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Business

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Tech stocks lead rally for U.S. stocks, Nasdaq closes 250 points higher
Tech stocks lead rally for U.S. stocks, Nasdaq closes 250 points higher

NEW YORK, New York - American stock markets closed higher on Wednesday, with technology shares powering the Nasdaq Composite to a standout...

UK mortgage approvals climb in February, topping forecasts
UK mortgage approvals climb in February, topping forecasts

LONDON, U.K.: Mortgage approvals in Britain rose more than expected in February, while consumer borrowing also picked up, pointing...

Morgan Stanley turns cautious, downgrades global equities
Morgan Stanley turns cautious, downgrades global equities

NEW YORK CITY, New York: Morgan Stanley has downgraded global equities and shifted toward safer assets, citing rising uncertainty from...

Iran war threatens high-margin Gulf market for luxury cars
Iran war threatens high-margin Gulf market for luxury cars

LONDON/BERLIN/MILAN: Luxury carmakers are bracing for a hit to one of their most profitable markets as the war in Iran disrupts demand...

China’s BYD posts first profit drop since 2021 amid rivalry
China’s BYD posts first profit drop since 2021 amid rivalry

HONG KONG: Chinese automaker BYD said on March 27 that its annual sales rose to a record US$116 billion, outpacing Tesla's, but its...

Fink’s compensation jumps to $37.7 million after strong year
Fink’s compensation jumps to $37.7 million after strong year

NEW YORK CITY, New York: BlackRock CEO Larry Fink saw his compensation rise sharply in 2025, buoyed by higher stock awards after a...

Illinois

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Judge allows lawsuits over Colgate kids rinse packaging
Judge allows lawsuits over Colgate kids rinse packaging

CHICAGO, Illinois: A U.S. judge has allowed two lawsuits against Colgate-Palmolive to proceed, finding that its children's mouth rinse...

Sandy Alcantara's complete-game shutout lifts Marlins over White Sox
Sandy Alcantara's complete-game shutout lifts Marlins over White Sox

(Photo credit: Jim Rassol-Imagn Images) Sandy Alcantara pitched a complete game, allowing just three hits, and Liam Hicks drove in...

Dodgers acquire LHP Jake Eder in trade with Nationals
Dodgers acquire LHP Jake Eder in trade with Nationals

(Photo credit: Jim Rassol-Imagn Images) The Los Angeles Dodgers acquired left-hander Jake Eder in a trade with the Washington Nationals...

White Sox home opener vs. Jays postponed to Friday
White Sox home opener vs. Jays postponed to Friday

(Photo credit: Patrick Gorski-Imagn Images) The Chicago White Sox will have to wait an additional day to play a home game. Chicago's...

Guardians' Chase DeLauter (ankle) eyes Friday return
Guardians' Chase DeLauter (ankle) eyes Friday return

(Photo credit: Stephen Brashear-Imagn Images) Cleveland Guardians outfielder Chase DeLauter doesn't expect to be sidelined long by...

Willy Adames, Giants intent on flexing muscles in finale vs. Padres
Willy Adames, Giants intent on flexing muscles in finale vs. Padres

(Photo credit: Denis Poroy-Imagn Images) The San Francisco Giants had just four runs and 19 hits over the first four games of the...